Education Division Growth
The Education Division revenue grew by 11% in Q1, with contracted Leader in Me schools increasing by 58% from 52 to 82 schools year-over-year.
Successful Transition to New Sales Model
The transition to a new sales model focusing on expanding existing clients and acquiring new clients has been completed. Notable hires from companies like Zoom, LinkedIn, and Udemy enhance the sales team.
Strong Cash Flow
Cash flows from operating activities were strong at $14.1 million, and free cash flow was $11.4 million, reflecting solid financial health.
New Logo Acquisition
Secured significant new logos, including one of the 5 largest banks in America, with a $350,000 deal for leadership development.